Morepen Laboratories - Limited Review For The Quarter Ended Dec 31, 2006

Morepen Laboratories Ltd has informed that in the limited review report of the Company for the quarter ended December 31, 2006, the Auditors of the Company have made the following observations:Non provision of interest on loans (public deposits) for the quarter amounting to Rs 282.21 lacs as a result the figure of loss for the quarter is under stated by Rs 282.21 lacs.